329 Beaver St

329 Beaver StCelina, OH 45822
$274,900 Multi-family

MLS# 1011312
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Feast your eyes (and portfolio) on this outstanding and unique multi-family property. Theproperty is situated in a quiet area of Celina, Ohio and Grand Lake is within walking distance.This 6-unit complex has low vacancy and strong value-add features. Great cash flow with$41,160.00 in yearly income...which could be improved! The NOI is $23,380.00...which could beimproved. Standing Cap Rate is over 8%...which could be improved! The owner takes greatpride in maintaining a professional residential complex. There are (6) one-bedroom apartmentsplus garage space below them. One unit is downstairs and the other five are upstairs. There is also approximately 3600 sq feet of shop space with a cement floor and electric. Theproperty has one electric, gas, and water meter. There isalso a laundry facility that features a coin-operated washer and dryer. This package could be youropportunity for financial freedom. Property Management Services are available for the 'hands-off' investor.

Directions to this Listing: Property is located on the southwest part of Celina. Travel south through Celina on US 127 aka Main Street, Go through downtown, Approaching the lake, turn west on Washington Street, About 2 blocks, turn south on Sugar Street, About 2 more clocks, tu
Property & Home Details
42
Age
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Celina
School District
Features
County:
Mercer County
Age:
42
Cooling:
Central Air
Garage:
Attached, Workshop in Garage
Heating:
Forced Air
Lot description:
200x210
S/A Taxes:
728.28
School district:
Celina
Lifestyle in Celina, OH

Celina was established in 1834 by James Watson Riley. It is named after the town Salina, New York. During the late 1800s, the area grew due to the discovery of oil and natural gas deposits. There are now over 10,000 residents in Celina.

Summary
Fifty percents of the nation’s manufacturing an over 30 percent of the nation’s farm products are within 600 miles of Celina. The city has many styles of homes from historic to newly homes in a variety of price ranges. Beautiful lake-front homes with channel fronts are available near Grand Lake.
Transportation
Celina is located along the western side of I-75 along State Routes 33, 29 and 127.
Hospitals
Mercer County Community Hospital services the town and is located in Coldwater. The Grand Lake Regional Cancer Center is also located in Celina.
Shopping
The tree-line Main Street offers a variety of local shops and restaurants. The city many national brand restaurants and stores, too.
Recreation
Celina offers its residents many concerts and festivals throughout the year. The Celina Lake Festival is held in July in the downtown area and along the Grand Lake (located in Grand Lake-St. Marys State Park). The lake is also the location for the town’s concert series and the Govenors Cup Regatta. A Freedom Days Celebration is held during the July 4th holiday. The Celina-Coldwater Trail is a 4.5 mile bikeway from Celina to Coldwater in Mercer County. It parallels an existing rail line. The town has five parks totaling over 124 acres. The town also features a state-of-the art artificial-turf baseball field complex.

Celina, OH 45822

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This listing courtesy of Cassandra Bell, Straley Realty & Auctioneers, Inc.

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